Business Daily Media

Men's Weekly

.

VinFast and PT Arimbi Amartapura sign a memorandum of understanding to develop 22 VinFast stores in Indonesia

JAKARTA, INDONESIA - Media OutReach Newswire - 21 March 2025 - VinFast has signed a Memorandum of Understanding (MoU) with PT Aribi Amartapura (Amarta), one of Indonesia's leading vehicle distributors, to accelerate the expansion of its showroom network in the country.

This partnership marks a significant milestone in VinFast's global dealership strategy, enhancing brand visibility and bringing its electric vehicles closer to Indonesian customers.

VinFast Asia CEO (left) and Amarta CEO at the MOU signing ceremony.
VinFast Asia CEO (left) and Amarta CEO at the MOU signing ceremony.

Under the agreement, VinFast will leverage Amarta's extensive market expertise and 25 years of experience to establish 22 new showrooms between 2025 and 2027, focusing on major cities such as Greater Jakarta and Bandung. Of these, 11 showrooms are set to open in 2025, with the earliest expected to launch in March 2025.

Designed with a modern aesthetic and equipped with convenient charging ports, VinFast showrooms offer a seamless customer experience, covering everything from product display and test drives to after-sales services. This comprehensive model allows customers to enjoy convenience at every stage of their journey, from learning about VinFast's electric vehicles to ownership and long-term use.

The partnership with Amarta will not only significantly expand VinFast's existing dealership network in Indonesia, but also align with its global shift to a dealership model, optimizing operations, reducing costs, and strengthening brand presence in international markets.

Mr. Pham Sanh Chau, CEO of VinFast Asia, said: "We are excited to collaborate with Amarta to bring our smart, eco-friendly electric vehicles closer to Indonesian consumers. This partnership allows us to fully capitalize on Amarta's deep local expertise, laying a strong foundation for VinFast to become a household name in electric mobility."

Mr Angga Prawira Awang, CEO of Amarta added: "It is an honor for Amarta to partner with VinFast, a dynamic and pioneering EV brand from Vietnam. We believe that by combining Amarta's local market insights with VinFast's superior product quality and affordable pricing, we can deliver exceptional value to Indonesian customers while promoting green mobility and a sustainable future."

VinFast is making new, strong strides in the Indonesian market, reaffirming its commitment to driving the local green transition. To date, the company has partnered with 14 dealers, which operates 21 stores across Jakarta, Bandung, Surabaya, Bali, and other key locations, offering consumers a diverse range of electric vehicles, including the mini e-SUV models VF 3, VF 5, and VF e34. Notably, VinFast offers an attractive free charging program for all customers until March 1, 2028, along with a warranty of 7 to 10 years (depending on the model), underscoring its dedication to making green transportation accessible in Indonesia.

In just over a year since entering the market, billionaire Pham Nhat Vuong's comprehensive "For a Green Future" electric vehicle ecosystem has built a strong presence in Indonesia with the launch of VinFast, an electric car manufacturer; GSM's electric ride-hailing service; and V-GREEN, a charging infrastructure company. These recent milestones further reaffirm VinFast's long-term commitment to advancing a greener, cleaner, and more sustainable future in the country.
Hashtag: #vinfast

The issuer is solely responsible for the content of this announcement.

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam's largest conglomerates, is a pure-play electric vehicle ("EV") manufacturer with the mission of making EVs accessible to everyone. VinFast's product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.

VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia. Learn more at: https://vinfastauto.id/


About PT Aribi Amartapura

PT Aribi Amartapura is an automotive business company specialized in Cars and Motorcycle founded in 1999 with main operation in West Java province.


News from Asia

Deutsche Rück Group maintains profit-oriented growth course

DÜSSELDORF, GERMANY - Newsaktuell - 21 May 2025 - The Deutsche Rück Group further expanded its business in the 2024 financial year while simultaneously strengthening its financial position. Gross p...

Hunan Museum Announces Latest Findings on the Mawangdui Han Tomb

CHANGSHA, CHINA - Media OutReach Newswire - 21 May 2025 - As an important connector, innovator, and guardian of cultural identity, Hunan Museum has launched the "Xiangyun · Rebirth" series of acti...

BlueOnion and Morningstar Sustainalytics Collaborate to Expand Sustainable Investment and Due Diligence Coverage

HONG KONG SAR - Media OutReach Newswire - 21 May 2025 - BlueOnion, an award-winning sustainability analytics platform has collaborated with Morningstar Sustainalytics, one of the world's leading i...

Uni-Bio Science Group Receives NMPA Approval for 金因康® (Diquafosol Sodium Eye Drops), Advancing Dry Eye Syndrome Treatment in China

HONG KONG SAR - EQS Newswire - 21 May 2025 - Uni-Bio Science Group Limited (the "Company", together with its subsidiaries, the "Group") proudly announces that its new ophthalmology product, 金因康® (D...

Europe’s Largest Inaugural Tech and Startup Event Opens in Berlin as the Continent Spurs Momentum for Open Innovation and AI Leadership

Ministers and senior tech stakeholders from the European Union, Germany and the UAE inaugurate the momentous first edition of GITEX EUROPE x Ai Everything BERLIN, GERMANY - Newsaktuell - 21 May 2...

Octa receives the 'Best CSR program by CFD broker Asia 2025' award

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 22 May 2025 - A global broker deeply involved in implementing social initiatives worldwide, Octa, recently received an award for one of its CSR (...

Baiduri Bank Opens Representative Office In Singapore

SINGAPORE - Media OutReach Newswire - 22 May 2025 - Baiduri Bank, Brunei Darussalam's largest conventional bank, proudly announces the opening of its first overseas representative office in Singap...

BAFS expands into Southeast Asia with delivery of Thai-engineered aircraft refueling vehicles for Cambodia’s new international airport, set to launch mid-year

BAFS INTECH reinforces its leadership position as a leading Thai ground support vehicle manufacturer, aggressively expanding into international markets by delivering seven aircraft refueling vehicl...

7-Eleven Unveils 8 New Snoopy "Black to Basic Carry Collection" Items in Bold New Launch

Featuring a First-Time Collaboration with Actress Chung Suet Ying to Showcase Her Take on the “Black to Basic” Look Plus: 7-Eleven Pre-order Exclusive – Limited First-Batch Release of the ...

Quality HealthCare Reinforces Commitment to Aviation Safety and Pilot Health in Hong Kong

HONG KONG SAR - Media OutReach Newswire - 22 May 2025 - As aviation operations continue to expand across the region, Quality HealthCare Medical Services (QHMS) reaffirms its commitment to suppor...

Sleep Soundly, Knowing Your People Are Paid Right: Navigating the Complexities of Modern Payroll

The Role of Modern Payroll Modern payroll systems are essential to any organization's financial infrastructure in today's rapidly evolving business...

Tariffs for dummies: Getting to grips with the business of exporting goods and services

It pays to understand how the international taxation system works before you start selling abroad. Take a glance at the business news just now an...

Deputy Unveils Enterprise-Grade Analytics+ to Power Smarter Workforce Decisions for Shift-Based Businesses

Deputy, the world’s leading workforce management platform for shift work, today announced the global launch of Deputy Analytics+, a next-generatio...

UNSW startup accelerator offers $200K to the next generation of Australian deeptech unicorns

UNSW Founders, Australia’s most recommended startup accelerator, has partnered with fund manager Luminary Partners to invest $200,000 each into 18...

The Future Is Now: AI Modernization Is Reshaping How Business Gets Done

The present business environment imposes stronger requirements on Australian organizations to match the fast-paced digital-first economy requireme...

Businesses losing an average of $493k from data integrity flaws

Managing data responsibly and effectively for the AI age can give organisations a strong competitive advantage, but many are failing to harness th...

Sell by LayBy